AME Elite Consortium Berhad Balance Sheet Health
Financial Health criteria checks 6/6
AME Elite Consortium Berhad has a total shareholder equity of MYR1.2B and total debt of MYR170.7M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are MYR1.9B and MYR696.1M respectively. AME Elite Consortium Berhad's EBIT is MYR120.8M making its interest coverage ratio 13.8. It has cash and short-term investments of MYR400.6M.
Key information
14.6%
Debt to equity ratio
RM170.74m
Debt
| Interest coverage ratio | 13.8x |
| Cash | RM400.60m |
| Equity | RM1.17b |
| Total liabilities | RM696.13m |
| Total assets | RM1.87b |
Recent financial health updates
AME Elite Consortium Berhad (KLSE:AME) Has A Pretty Healthy Balance Sheet
May 23
AME Elite Consortium Berhad (KLSE:AME) Has A Somewhat Strained Balance Sheet
Dec 22
Recent updates
AME Elite Consortium Berhad's (KLSE:AME) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 09What You Need To Know About The AME Elite Consortium Berhad (KLSE:AME) Analyst Downgrade Today
May 31AME Elite Consortium Berhad (KLSE:AME) Analysts Are Cutting Their Estimates: Here's What You Need To Know
May 29Analysts' Revenue Estimates For AME Elite Consortium Berhad (KLSE:AME) Are Surging Higher
May 31AME Elite Consortium Berhad (KLSE:AME) Has A Pretty Healthy Balance Sheet
May 23Here's What's Concerning About AME Elite Consortium Berhad's (KLSE:AME) Returns On Capital
Apr 14Here's How We Evaluate AME Elite Consortium Berhad's (KLSE:AME) Dividend
Mar 27What Kind Of Shareholders Hold The Majority In AME Elite Consortium Berhad's (KLSE:AME) Shares?
Mar 10Did You Miss AME Elite Consortium Berhad's (KLSE:AME) 18% Share Price Gain?
Feb 20We're Not Counting On AME Elite Consortium Berhad (KLSE:AME) To Sustain Its Statutory Profitability
Feb 05AME Elite Consortium Berhad's (KLSE:AME) Stock Has Fared Decently: Is the Market Following Strong Financials?
Jan 21Should We Be Excited About The Trends Of Returns At AME Elite Consortium Berhad (KLSE:AME)?
Jan 06AME Elite Consortium Berhad (KLSE:AME) Has A Somewhat Strained Balance Sheet
Dec 22How Much Of AME Elite Consortium Berhad (KLSE:AME) Do Insiders Own?
Dec 07Read This Before Buying AME Elite Consortium Berhad (KLSE:AME) For Its Dividend
Nov 22Financial Position Analysis
Short Term Liabilities: AME's short term assets (MYR1.1B) exceed its short term liabilities (MYR502.7M).
Long Term Liabilities: AME's short term assets (MYR1.1B) exceed its long term liabilities (MYR193.4M).
Debt to Equity History and Analysis
Debt Level: AME has more cash than its total debt.
Reducing Debt: AME's debt to equity ratio has reduced from 51.5% to 14.6% over the past 5 years.
Debt Coverage: AME's debt is well covered by operating cash flow (52.7%).
Interest Coverage: AME's interest payments on its debt are well covered by EBIT (13.8x coverage).